OPPORTUNITY – Potential 6 bed HMO!
An extended 3 bedroomed mid terrace, perfect for conversion. Following a full upgrade and refurbishment scheme the property would be suitable for investment purposes. If let to 6 individuals at £85pppw, the potential income being in excess of £26,520 per annum.
The vendor has plans drawn to convert the house into a 6 bedroomed, 3 bathroomed HMO, as per the images attached. We are advised that all work can be completed via permitted development, but purchasers should seek their own advice.
CGI images attached show the potential interior achievable after refurbishment.
Off Sheil Road in a popular and well established residential location within close proximity to local and City Centre amenities, The Royal Liverpool University Hospital and Liverpool Universities.
Vestibule, Hall, Through Lounge/Dining Room, Kitchen, Bathroom/WC.
3 Bedrooms, Bathroom/WC.
Yard to Rear.
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* Guide Price
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* Reserve Price
The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
A successful purchaser will also be required to pay a Buyer’s Administration Charge of 1.2% of the purchase price subject to a minimum fee of £1,500 including VAT (unless stated otherwise within the property description in the catalogue) by debit card or bank transfer.
You are bidding on the basis that you have made all necessary enquiries, particularly in respect of lots the auctioneer has not inspected or had initial sight of tenancy details, and have checked the General and Special Conditions of Sale and are satisfied that you fully understand their content. Please note that some legal packs may contain additional fees (such as the requirement for the seller to pay the vendor's legal fees).